City of Sacramento
City Council - 2PM Report
915 I Street Sacramento, CA 95814
www.cityofsacramento.org
File ID: 2026-00403 3/24/2026
February 2026 Monthly Investment Transactions Report
File ID: 2026-00403
Location: Citywide
Recommendation: Receive and file.
Contact: Stacy Hussey, Chief Investment Officer, (916) 808-7746, [email protected], Office of the City Treasurer
Presenter: None
1-Description/Analysis
2-Attachments A to F
Description/Analysis
Issue Detail: The City Treasurer provides monthly reports to the City Council on current investment activity.
Policy Considerations: The City Treasurer routinely reports on monthly investment transactions to keep the City Council advised of current investment activity.
Economic Impacts: None.
Environmental Considerations: This action is not a project that is subject to California Environmental Quality Act (CEQA) because it is an administrative activity that will not result in direct or indirect physical changes in the environment and because it relates to government fiscal activities that do not involve any commitment to any specific project that may result in a potentially significant physical impact on the environment. (CEQA Guidelines § 15378 (a), (b)(2), and (b)(5)).
Sustainability: None.
Commission/Committee Action: None.
Rationale for Recommendation: The City Treasurer is responsible for depositing and investing funds in the City treasury and for reporting on investment activity in accordance with the authority granted by City Charter Section 73, City Council ordinances and resolutions, and applicable state law. Consistent with the City of Sacramento Investment Policy which is updated annually by City Treasurer’s Office staff and was most recently adopted by City Council on August 12, 2025, the monthly report herein lists the transactions as required by California Government Code section
File ID: 2026-00403 3/24/2026
53607. For informational purposes, the City Treasurer also reports on investment transactions of other funds invested by City Treasurer’s Office staff. The summary and transactions detail for the month ended February 28, 2026, are listed in Attachments A, B, C, D, E and F.
Financial Considerations: The monthly investment report sets forth the monthly transactions of the City Treasurer’s Office Investment Pool A funds. The market value of the Pool A investment portfolio (Portfolio) on January 31 was $1,628,538,325, while the market value of the Portfolio on February 28, 2026, was $1,695,465,084. The yield of the Portfolio in February was 3.79%. There were 46 total transactions for the period (26 purchases, 4 calls and 16 maturities). The estimated duration of the Portfolio as of February 28, 2026, is 2.31 years.
Local Business Enterprise (LBE): Not applicable.
Local Agency Funds:
Pool A Ethel Hart Trust Public Trust George Clark Total Purchases 158,825,950$ -$ 125,330$ -$ 158,951,280$ Sales - - 64,730 - 64,730
Calls 19,765,800 - - - 19,765,800
Maturities 87,796,131 - - - 87,796,131
Contributions 190,194,807 - - - 190,194,807
Withdrawals 131,382,771 - 7,958 4,299 131,395,028 Total 587,965,459$ -$ 198,018$ 4,299$ 588,167,776$ Outside Agency Funds:
Sacramento City Employees' Retirement System (SCERS) Funds:
Fixed Bonds Equity Income Large Cap International Total Purchases -$ -$ -$ -$ -$
Sales 200,000 - - - 200,000
Calls - - - - -
Maturities 42,846 - - - 42,846
Expenses - - - - -
Contributions - - - - -
Withdrawals 346,534 24,898 7,788 - 379,220
Total 589,380$ 24,898$ 7,788$ -$ 622,066$ City of Sacramento
Summary of Transactions
February-26
ATTACHMENT A
City of Sacramento
Summary of Transactions
February-26
ATTACHMENT A
SHRA Investment Pool Fund:
Pool D Total
Purchases 10,075,905$ 10,075,905$
Sales - -
Calls 1,473,730 1,473,730
Maturities 2,979,670 2,979,670
Contributions 11,906,505 11,906,505
Withdrawals - -
Total 26,435,810$ 26,435,810$
Capitol Area Development Authority (CADA) Funds:
CADA CADA-A CADA-B CADA-C Total
Contributions -$ -$ -$ -$ -$ Withdrawals - - - - - Total -$ -$ -$ -$ -$ All Other Funds:
ARFCD RD SPLA SPLA-T TNBC Total
Purchases -$ -$ -$ -$ -$ -$ Sales - - - - - - Calls - - - - - - Maturities - - - - - - Contributions - - 6,192,686 - - 6,192,686 Withdrawals - - - - - - Total -$ -$ 6,192,686$ -$ -$ 6,192,686$ GRAND TOTAL 621,418,338$
City of Sacramento
TRANSACTION SUMMARY
City Investment Pool A
From 02-01-26 To 02-28-26
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
PURCHASES
02-03-26 5,000,000 Applied Materials Inc 99.22 4,961,155
4.000% Due 01-15-31
02-03-26 5,000,000 Lloyds Bank Plc 98.03 4,901,653
3.650% Due 08-17-26
02-06-26 5,000,000 Amazon Com Inc 100.37 5,018,600
3.900% Due 11-20-28
02-06-26 5,000,000 Bank of America Corp 100.00 5,000,000
4.350% Due 02-10-31
02-06-26 5,000,000 Cargill Inc 99.85 4,992,300
4.125% Due 10-23-30
02-06-26 5,000,000 Cisco System Inc 102.89 5,144,600
4.750% Due 02-24-30
02-06-26 5,000,000 Comcast Corporation 100.36 5,017,950
4.250% Due 10-15-30
02-06-26 5,000,000 IBM Corporation 100.26 5,012,800
4.300% Due 02-03-31
02-06-2610,000,000 Banco Santander SA 97.94 9,794,300
3.630% Due 09-01-26
02-09-26 5,000,000 Pacific Life Global Fdg Ii Med 100.78 5,038,900
4.375% Due 02-03-31
02-09-26 5,000,000 Goldman Sachs 100.00 5,000,000
3.900% Due 02-19-30
02-09-2610,000,000 Mizuho Bank Ltd. New York Bra 97.30 9,729,806
3.550% Due 11-10-26
02-10-2610,000,000 MUFG Bank Ltd/NY 97.41 9,741,283
3.610% Due 10-27-26
02-17-26 5,000,000 Freddie Mac 100.00 5,000,000
4.060% Due 02-20-31
02-18-26 5,000,000 Fannie Mae 100.00 5,000,000
3.760% Due 08-20-30
02-18-26 5,000,000 Federal Farm Credit Bank 100.00 5,000,000
3.840% Due 02-25-30
02-20-2610,000,000 Societe Generale 97.50 9,749,900
3.660% Due 10-27-26
02-23-2610,000,000 BNP Paribas 97.30 9,729,767
3.630% Due 11-19-26
02-24-26 5,000,000 Disney Walt Co 100.23 5,011,750
4.000% Due 03-14-31
02-24-26 5,000,000 Thermo Fisher Scientific Inc 100.75 5,037,450
4.215% Due 02-12-31
02-24-26 5,000,000 Morgan Stanley Bank CD 100.00 5,000,000
3.950% Due 03-04-31
02-24-26 5,000,000 Toronto Dominion Bank 97.26 4,863,121
3.610% Due 11-24-26
02-25-26 5,000,000 Abbott Laboratories 99.94 4,997,000
4.000% Due 03-15-31
02-26-26 5,000,000 Bank of America Corp 100.00 5,000,000
4.250% Due 12-03-29
02-26-26 5,000,000 Eli Lilly & Co 101.66 5,082,850
4.250% Due 03-15-31
ATTACHMENT B
City of Sacramento
TRANSACTION SUMMARY
City Investment Pool A
From 02-01-26 To 02-28-26
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
02-26-2610,000,000 Lloyds Bank Corp Mkts/NY 100.01 10,000,766
3.760% Due 12-08-26
TOTAL 158,825,950
City of Sacramento
TRANSACTION SUMMARY
City Investment Pool A
From 02-01-26 To 02-28-26
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
CALLS
02-04-26 5,000,000 JP Morgan Chase Bank Na 95.40 4,769,800 100.00 5,000,000 230,200
1.735% Due 02-04-27
02-11-26 5,000,000 Freddie Mac 100.22 5,011,150 100.00 5,000,000 -11,150
4.550% Due 02-11-28
02-12-26 5,000,000 International Bk Recon & Develop 99.70 4,984,850 100.00 5,000,000 15,150
4.625% Due 02-12-30
02-18-26 5,000,000 Fannie Mae 100.00 5,000,000 100.00 5,000,000 0
4.500% Due 02-18-28
TOTAL 19,765,800 20,000,000 234,200
City of Sacramento
TRANSACTION SUMMARY
City Investment Pool A
From 02-01-26 To 02-28-26
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
MATURITIES
02-02-26 5,000,000 Cargill Inc 99.68 4,984,150 100.00 5,000,000 15,850
0.750% Due 02-02-26
02-08-26 5,000,000 Apple Inc 99.96 4,998,040 100.00 5,000,000 1,960
0.700% Due 02-08-26
02-12-26 5,000,000 Freddie Mac 100.00 5,000,000 100.00 5,000,000 0
0.550% Due 02-12-26
02-12-26 5,000,000 Federal Home Loan Bank 100.00 5,000,000 100.00 5,000,000 0
0.550% Due 02-12-26
02-15-26 5,000,000 Public Storage 100.27 5,013,300 100.00 5,000,000 -13,300
0.875% Due 02-15-26
02-17-26 5,000,000 Federal Farm Credit Bank 100.00 5,000,000 100.00 5,000,000 0
0.590% Due 02-17-26
02-18-26 5,000,000 International Bk Recon & Develop 100.00 5,000,000 100.00 5,000,000 0
0.600% Due 02-18-26
02-24-26 5,000,000 Merck & Co. Inc 99.75 4,987,750 100.00 5,000,000 12,250
0.750% Due 02-24-26
02-24-26 5,000,000 Federal Home Loan Bank 100.00 5,000,000 100.00 5,000,000 0
0.650% Due 02-24-26
02-24-26 5,000,000 Federal Home Loan Bank 100.00 5,000,000 100.00 5,000,000 0
0.625% Due 02-24-26
02-24-26 5,000,000 Federal Home Loan Bank 100.00 5,000,000 100.00 5,000,000 0
0.625% Due 02-24-26
02-25-26 3,000,000 Farmer Mac 100.00 3,000,000 100.00 3,000,000 0
0.690% Due 02-25-26
02-25-26 5,000,000 Federal Home Loan Bank 100.00 5,000,000 100.00 5,000,000 0
0.580% Due 02-25-26
02-26-26 5,000,000 JP Morgan Chase & Co 100.00 5,000,000 100.00 5,000,000 0
1.000% Due 02-26-26
02-26-26 5,000,000 BMO Harris Bank 100.00 5,000,000 100.00 5,000,000 0
0.750% Due 02-26-26
02-28-2615,000,000 U.S. Treasury Note 98.75 14,812,891 100.00 15,000,000 187,109
0.500% Due 02-28-26
TOTAL 87,796,131 88,000,000 203,869
City of Sacramento
TRANSACTION SUMMARY
City Investment Pool A
From 02-01-26 To 02-28-26
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
CONTRIBUTIONS
02-02-26 JP Morgan Chase Cash 3,685,551
02-03-26 JP Morgan Chase Cash 5,939,567
02-04-26 JP Morgan Chase Cash 2,567,787
02-06-26 JP Morgan Chase Cash 98,525,545
02-09-26 JP Morgan Chase Cash 2,277,376
02-10-26 JP Morgan Chase Cash 2,902,786
02-11-26 JP Morgan Chase Cash 2,611,582
02-12-26 JP Morgan Chase Cash 1,950,880
02-13-26 JP Morgan Chase Cash 3,120
02-17-26 JP Morgan Chase Cash 11,703,582
02-18-26 JP Morgan Chase Cash 15,079,892
02-20-26 JP Morgan Chase Cash 4,034,524
02-23-26 JP Morgan Chase Cash 3,596,012
02-24-26 JP Morgan Chase Cash 27,280,705
02-26-26 JP Morgan Chase Cash 3,081,124
02-27-26 JP Morgan Chase Cash 330
02-27-26 JP Morgan Chase Cash 4,557,900
02-27-26 Fidelity Fund 7,303
02-27-26 Fidelity Fund 4,299
02-27-26 Fidelity Fund 7,391
02-27-26 Fidelity Fund 344,863
02-27-26 Fidelity Fund 24,898
02-27-26 Fidelity Fund 7,788
TOTAL 190,194,807
City of Sacramento
TRANSACTION SUMMARY
City Investment Pool A
From 02-01-26 To 02-28-26
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
02-02-26 JP Morgan Chase Cash 10,000,000
02-02-26 JP Morgan Chase Cash 3,466,746
02-03-26 JP Morgan Chase Cash 15,936,829
02-04-26 JP Morgan Chase Cash 10,186,320
02-05-26 JP Morgan Chase Cash 4,059,700
02-06-26 JP Morgan Chase Cash 951,311
02-09-26 JP Morgan Chase Cash 1,342,310
02-10-26 JP Morgan Chase Cash 3,123,383
02-11-26 JP Morgan Chase Cash 2,975,609
02-12-26 JP Morgan Chase Cash 2,929,240
02-13-26 JP Morgan Chase Cash 16,890,092
02-17-26 JP Morgan Chase Cash 15,168,542
02-18-26 JP Morgan Chase Cash 6,921,228
02-19-26 JP Morgan Chase Cash 5,499,538
02-20-26 JP Morgan Chase Cash 620,744
02-23-26 JP Morgan Chase Cash 5,718,144
02-24-26 JP Morgan Chase Cash 2,577,746
02-25-26 JP Morgan Chase Cash 14,258,134
02-26-26 JP Morgan Chase Cash 4,400,504
02-27-26 JP Morgan Chase Cash 330
02-27-26 JP Morgan Chase Cash 4,356,319
TOTAL 131,382,771
City of Sacramento
TRANSACTION SUMMARY
Ethel Hart Mutual Endowment Fund
From 02-01-26 To 02-28-26
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!
City of Sacramento
TRANSACTION SUMMARY
Ann Land/Bertha Henschel Endowment Fund
From 02-01-26 To 02-28-26
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
PURCHASES
02-20-26 125,000 Home Depot Inc 100.26 125,330
4.650% Due 09-15-35
TOTAL 125,330
City of Sacramento
TRANSACTION SUMMARY
Ann Land/Bertha Henschel Endowment Fund
From 02-01-26 To 02-28-26
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
SALES
02-18-26 800 Duke Energy Corp New Com New 65.61 52,491 125.07 100,058 47,567 02-18-26 95 International Bus Mach 128.83 12,239 260.05 24,705 12,466 TOTAL 64,730 124,763 60,033
City of Sacramento
TRANSACTION SUMMARY
Ann Land/Bertha Henschel Endowment Fund
From 02-01-26 To 02-28-26
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
02-28-26 Pool A Cash 7,958
TOTAL 7,958
City of Sacramento
TRANSACTION SUMMARY
George H. Clark Memorial Scholarship Fund
From 02-01-26 To 02-28-26
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
02-28-26 Pool A Cash 4,299
TOTAL 4,299
City of Sacramento
TRANSACTION SUMMARY
Fixed Bonds
SCERS
From 02-01-26 To 02-28-26
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
SALES
02-26-26 200,000 Wisconsin St 100.00 200,000 96.18 192,358 -7,642
2.614% Due 05-01-32
TOTAL 200,000 192,358 -7,642
ATTACHMENT C
City of Sacramento
TRANSACTION SUMMARY
Fixed Bonds
SCERS
From 02-01-26 To 02-28-26
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
MATURITIES
02-17-26 110 Gnma Pool #439515 98.06 108 100.00 110 2
7.000% Due 03-15-27
02-17-26 1,196 Gnma Pool #550718 97.31 1,164 100.00 1,196 32
5.000% Due 11-15-35
02-17-26 300 Gnma Pool #648348 99.66 299 100.00 300 1
5.500% Due 10-15-35
02-20-26 1,487 Gnma Pass-Thru M Single Family 100.49 1,494 100.00 1,487 -7
5.000% Due 12-20-55
02-20-26 12,726 Gnma Pass-Thru M Single Family 99.70 12,689 100.00 12,726 38
5.500% Due 06-20-55
02-20-26 1,491 Gnma Pass-Thru M Single Family 101.55 1,514 100.00 1,491 -23
5.500% Due 10-20-55
02-25-26 5,780 Freddie Mac Pool #SD8278 101.37 5,860 100.00 5,780 -79
6.000% Due 12-01-52
02-25-26 8,192 Freddie Mac Pool #SD8343 100.06 8,197 100.00 8,192 -5
6.000% Due 07-01-53
02-25-26 11,194 Freddie Mac Pool #SD8432 100.41 11,240 100.00 11,194 -45
6.000% Due 05-01-54
02-25-26 282 Fannie Mae Pool #256393 99.67 281 100.00 282 1
6.000% Due 09-01-36
TOTAL 42,846 42,760 -86
City of Sacramento
TRANSACTION SUMMARY
Fixed Bonds
SCERS
From 02-01-26 To 02-28-26
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
02-28-26 Pool A Cash 346,534
TOTAL 346,534
City of Sacramento
TRANSACTION SUMMARY
Equity Income
SCERS
From 02-01-26 To 02-28-26
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
02-28-26 Pool A Cash 24,898
TOTAL 24,898
City of Sacramento
TRANSACTION SUMMARY
Large Cap Growth
SCERS
From 02-01-26 To 02-28-26
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
WITHDRAWALS
02-28-26 Pool A Cash 7,788
TOTAL 7,788
City of Sacramento
TRANSACTION SUMMARY
International
SCERS
From 02-01-26 To 02-28-26
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!
City of Sacramento
TRANSACTION SUMMARY
SHRA Investment Pool D
From 02-01-26 To 02-28-26
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
PURCHASES
02-06-26 1,000,000 Federal Home Loan Bank 100.00 1,000,000
3.970% Due 02-18-31
02-06-26 1,000,000 Fannie Mae 100.28 1,002,780
4.000% Due 02-10-31
02-13-26 2,000,000 Federal Home Loan Bank 100.00 2,000,000
4.450% Due 02-23-35
02-13-26 2,000,000 Federal Farm Credit Bank 100.00 2,000,000
4.130% Due 02-18-33
02-18-26 2,000,000 U.S. Treasury Note 101.94 2,038,750
4.250% Due 11-15-34
02-19-26 2,000,000 U.S. Treasury Note 101.72 2,034,375
4.250% Due 05-15-35
TOTAL 10,075,905
ATTACHMENT D
City of Sacramento
TRANSACTION SUMMARY
SHRA Investment Pool D
From 02-01-26 To 02-28-26
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
CALLS
02-04-26 500,000 JP Morgan Chase Bank Na 95.40 476,980 100.00 500,000 23,020
1.735% Due 02-04-27
02-17-26 500,000 Federal Farm Credit Bank 99.35 496,750 100.00 500,000 3,250
5.490% Due 09-19-39
02-18-26 500,000 Fannie Mae 100.00 500,000 100.00 500,000 0
4.500% Due 02-18-28
TOTAL 1,473,730 1,500,000 26,270
City of Sacramento
TRANSACTION SUMMARY
SHRA Investment Pool D
From 02-01-26 To 02-28-26
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
MATURITIES
02-15-26 1,000,000 Public Storage 97.97 979,670 100.00 1,000,000 20,330
0.875% Due 02-15-26
02-17-26 500,000 Federal Farm Credit Bank 100.00 500,000 100.00 500,000 0
0.590% Due 02-17-26
02-25-26 500,000 Farmer Mac 100.00 500,000 100.00 500,000 0
0.690% Due 02-25-26
02-26-26 500,000 JP Morgan Chase & Co 100.00 500,000 100.00 500,000 0
1.000% Due 02-26-26
02-26-26 500,000 BMO Harris Bank 100.00 500,000 100.00 500,000 0
0.750% Due 02-26-26
TOTAL 2,979,670 3,000,000 20,330
City of Sacramento
TRANSACTION SUMMARY
SHRA Investment Pool D
From 02-01-26 To 02-28-26
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
CONTRIBUTIONS
02-02-26 Fidelity Fund 10,000,000
02-25-26 Fidelity Fund 1,906,505
TOTAL 11,906,505
City of Sacramento
TRANSACTION SUMMARY
Capitol Area Development Authority - Banking
From 02-01-26 To 02-28-26
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!
ATTACHMENT E
City of Sacramento
TRANSACTION SUMMARY
Capitol Area Development Authority - Tax Exempt
From 02-01-26 To 02-28-26
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!
City of Sacramento
TRANSACTION SUMMARY
Capitol Area Development Authority - Taxable
From 02-01-26 To 02-28-26
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!
City of Sacramento
TRANSACTION SUMMARY
CADA 2020 Taxable Bond Proceeds
From 02-01-26 To 02-28-26
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!
City of Sacramento
TRANSACTION SUMMARY
American River Flood Control District
From 02-01-26 To 02-28-26
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!
ATTACHMENT F
City of Sacramento
TRANSACTION SUMMARY
Reclamation District No. 1000
From 02-01-26 To 02-28-26
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!
City of Sacramento
TRANSACTION SUMMARY
Sacramento Public Library Authority
From 02-01-26 To 02-28-26
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
CONTRIBUTIONS
02-01-26 Pool A Cash 1,022,638
02-06-26 Pool A Cash 5,063,482
02-06-26 Pool A Cash 106,565
TOTAL 6,192,686
City of Sacramento
TRANSACTION SUMMARY
Sacramento Public Library Authority Hurst Trust
From 02-01-26 To 02-28-26
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!
City of Sacramento
TRANSACTION SUMMARY
The Natomas Basin Conservancy
From 02-01-26 To 02-28-26
Trade Unit Total Unit Total Gain/
Date Quantity Security Cost Cost Price Proceeds Loss
No transactions were found!